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Bonds from the U.S. Treasury are selling at 102.293, bonds from Alachua County are selling at 85.681, and bonds from the city of Northfield are selling at 94.442. How much will it cost Lana if she wants to purchase one bond with a par value of $1,000 from each of these sources? a. $3,000.00 b. $3,282.41 c. $2,824.16 d. $328.24

Respuesta :

khamilton983

Answer:

c.

$2,824.16

Step-by-step explanation:

TRUST I GOT IT RIGHT

The total cost for Lana will be $2824.16.

What are bonds ?

Bonds are the securities in the documented form which can be traded and exchanged containing a maturity date and the principle amount to be paid at maturity.

U.S. Treasury are selling at 102.293, bonds.

Alachua County are selling at 85.681.

bonds from the city of Northfield are selling at 94.442.

Total cost = U.S. Treasury+ Alachua County + Northfield

                 =1000*102.293+1000*85.681+1000*94.442

                =282416/100

                 =2824.16

Hence the total cost for Lana will be $2824.16

Learn more about bonds here:

brainly.com/question/19069574

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